How Much Can I Expect to Get for Selling High-Interest Owner-Financed Mortgages 10%+?

[Corey Goldstein]

Hi fellow investors,

I have several owner-financed mortgages in my portfolio with interest rates of 10% and higher. I’m exploring the option of selling these notes and would love to get your insights on a couple of key points:

Pricing Expectations:
How much of the total principal should I reasonably expect to receive when selling these notes? I know it can depend on factors like the borrower’s credit, payment history, and loan terms, but I’m looking for general guidance or ballpark percentages based on your experience.

Top Buyers/Companies:
Who do you recommend as reputable buyers for these types of notes? Ideally, I’m looking for buyers who can offer fair deals and make the process smooth.

If you’ve sold owner-financed notes before, I’d love to hear about your experience—any tips or lessons learned would be greatly appreciated!

Thanks in advance for your advice!

Looking forward to hearing your thoughts,

Corey

[Jamie Bateman]

As you mentioned, it depends on numerous factors, with pay history being a big one. Are they with a licensed servicer? Is there solid equity coverage? You can expect to sell them at yields between 11% and 14%. Feel free to DM me.